RRIL Limited approved the following changes in the Board of Directors of the Company pursuant to resolution passed through circulation: appointment of Mr. Harish Ratanchand Jain as an Additional Director with effect from March 1, 2023 and Resignation of Mr. Hiren D. Chheda from the Directorship of the Company. Mr. Harish R Jain son of Ratanchand D Jain, Promoter of the company, age 46 years, is a graduate from University of Mumbai and before graduating he began his entrepreneurial journey in the family textile business and after completion of his graduation, he saw potential in the Real Estate development and Re-development of Societies. His journey began, learning along the way and guided by family Values of Commitment and Dedication in a short span of a decade through his capabilities, he managed to deliver more than 30 projects successfully to the delight of existing and new customers.

Mr.Harish R Jain has brand image and registered an exponential growth having initiated /completed multiple projects, mostly in the redevelopment segment. He has carved a niche for ourselves in the real estate sector and the "H. Rishabraj" brand is considered to be synonymous with goodwill, quality, customer satisfaction and trust. Mr. Jain who leads the Real Estate vertical of group and is already on the Board of Rishabraj Estate Developers Private Limited.

He is also founder member and Vice President of BDA (Brihanmumbai Developer Association) and actively participates in planning and coordination with various Government agencies and bureaucracy to streamline the policies and their implementation in the sector. With appointment of Mr. Jain on the Board of the Company, the Company's Real Estate business will grow further.